2020-08-18T05:49:00Z

What tool do you recommend using for Fraud Detection?

Rony_Sklar - PeerSpot reviewer
  • 2
  • 96
PeerSpot user
2

2 Answers

DL
User
2021-04-01T22:53:31Z
Apr 1, 2021

It depends on what product/service you are trying to detect fraud on. Generally speaking the best approach is a layered one that utilizes information from various data points to asses the fraud risk and alert accordingly.

Search for a product comparison in Fraud Detection and Prevention
AS
User
2021-03-19T00:03:41Z
Mar 19, 2021

FICO, Lexis Nexis Threath Metrix. 

Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention. Updated: March 2024.
765,234 professionals have used our research since 2012.
Fraud Detection and Prevention
What is Fraud Detection and Prevention? It wasn’t that long ago that fraud detection and prevention involved reviewing a fair bit of historical data analysis. Data scientists would be poring over tons of credit card records in order to spot fraudulent (or with luck, potentially fraudulent) activity. Fast forward to today and we see fraud detection systems depend on catching and stopping fraud the second it’s spotted or even before it actually occurs. Automated solutions for fraud...
Download Fraud Detection and Prevention ReportRead more

Fraud Detection and Prevention experts

Nikolay Dimitrov - PeerSpot reviewer
Anthony Uzoh - PeerSpot reviewer
Melvin Ong - PeerSpot reviewer
Jahnavi Koppala - PeerSpot reviewer
Luis Inclan - PeerSpot reviewer
AJ
VT
HV